Nuls (NULS)

404 Articles 6 Followers

Nuls (NULS) is a cryptocurrency made by Liesa Huang and Isaac Kim in 2017. It is a decentralized blockchain platform that provides an enterprise-level blockchain infrastructure with a focus on pluggability and customization.

The modular blockchain implements a proof of credit (PoC) consensus mechanism that requires node operators to secure a certain amount of tokens to run a node, similar to a proof-of-stake consensus mechanism. However, nodes also have a credit rating alongside them which calculates a credit coefficient for each node. This credit coefficient determines the reward received for the node operator.

The Nuls platform is designed with 2 functioning parts to it. The first part is known as the microkernel which acts as the foundation for the entire network to function. This microkernel handles the projects underlying mechanisms for both the main chain and sub-chains. It will allow the user to connect different modules to the blockchain to customize features such as smart contracts, storage, and accounts. Although the main chain blockchain for Nuls uses a PoC consensus mechanism, the entire platform runs all of the decentralized applications on a multi-chain system. This multi-chain system hosts all the applications on subchains and verifies them with the main chain via cross-chain verification. This system allows for each sub-chain to have its own consensus mechanism such as PoS or proof-of-work (PoW).

The other part of the Nuls platform is the functioning modules. These are the plug and play components of the blockchain and is what allows the user to easily customize it to their specification. These functioning modules can easily be swapped out for each other due to their low coupling amongst each other.


NULS Ambassadors Voting Results of the Third Quarter 2020

15 Jul 2020 1 minute read 0 comments NULS

NULS is a community-driven global open source project. The open, free, autonomous and evolutionary community spirit has always driven its development.Community is the soul of NULS. The role of a NULS Ambassador is to lead the development of the commu...

NULS joins HitHub’s “Global Blockchain Open-source Node Program” as the 2nd Member Project

14 Jul 2020 2 minute read 0 comments NULS

Recently, HitHub and NULS reached Strategic Partnership to introduce another ally with both technical strength and open source ideals for the global blockchain developer ecosystem. NULS is a customizable blockchain infrastructure, a global blockchain...

Understand the full potential of the resources offered by NULS

14 Jul 2020 4 minute read 0 comments NULS

Decentralized services, modular infrastructure and cross-chain solutions from NULS are among the factors that trigger a renaissance of the blockchain. THE NULS, a modular blockchain based on features like microservices for companies, has been highlig...

Huobi Pool added NULS & GXChain (GXC) distribution to HPT holders

11 Jul 2020 1 minute read 0 comments Jakonfire

Huobi Pool added NULS & GXChain (GXC) distribution to HPT holders Houbi now distribute 20 different Cryptos to the HPT hodlers. Sorry if i repeat it again and againt but I can hardly believe how quickly it gets more and more. Since today you also get...

Announcement of NerveNetwork Mainnet Online

10 Jul 2020 4 minute read 0 comments NULS

Dear NerveNetwork community, First and foremost, we want to say a BIG thank you as always, to the community for all your support. We are delighted to announce that the NULS Technology Community (NTC) has finally completed the development of NerveNetw...

NULS First Halving Event on July 12th 2020

5 Jul 2020 6 minute read 0 comments NULS

NULS Bi-monthly report of the second half of June Technological progress NTC assisted NerveNetwork with testing, and released multiple versions beta-1.0.1 beta-1.0.2 and beta-1.0.3. NULS explorer will support displaying of cross-chain network and que...

It's getting close!

2 Jul 2020 1 minute read 0 comments NULS

Hello everyone! Just 10 days to go until the @nerve_network #NVT #Airdrop on JULY 12th, height 2620000 #NULS will be airdropping 1 $NVT for every 10 $NULS you hold during the snapshot NULS is one of the best underlying technology projects in the glob...

Just 10 days to go

2 Jul 2020 1 minute read 2 comments NULS

Hello everyone! It's almost here! Just 10 days to go until our #NVT #Airdrop on JULY 12th, height 2620000 @Nuls will be airdropping 1 $NVT for every 10 $NULS you hold during the snapshot.   NULS is one of the best underlying technology projects in th...

NULS Cross-Chain Solution, Modular Infrastructure and DEX Services Spark a Blockchain Revival

25 Jun 2020 3 minute read 0 comments NULS

NULS, a modular microservices-based blockchain for enterprise, has seen a surge in interest, driving its token price ($NULS) up more than 400% and its 24-hour average trading volume up more than 1,000% since March. The revived interest in NULS comes...

Heterogeneous Cross-chain Rising Star NerveNetwork Testnet is in open Beta

22 Jun 2020 4 minute read 0 comments NULS

NULS Fortnightly Report [06.1 - 06.15] Technological Progress NULS mainnet successfully upgraded its protocol to v2.6.0. This upgrade optimized the consensus mechanism and supported heterogeneous cross-chain protocols. NerveNetwork alpha and open bet...